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    <title>2015 (3) TMI 190 - ITAT CHENNAI</title>
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    <description>The Tribunal allowed the appeal, holding that the assessee was eligible to claim the deduction under Section 80-IB(10) for the composite housing project &quot;Voora Prithvi,&quot; despite separate permits for the 6 blocks on a single acre of land. The Tribunal emphasized that multiple projects on the same land could qualify for the deduction if they met statutory conditions, as clarified by a Bombay High Court judgment supporting the assessee&#039;s position.</description>
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      <link>https://www.taxtmi.com/caselaws?id=257254</link>
      <description>The Tribunal allowed the appeal, holding that the assessee was eligible to claim the deduction under Section 80-IB(10) for the composite housing project &quot;Voora Prithvi,&quot; despite separate permits for the 6 blocks on a single acre of land. The Tribunal emphasized that multiple projects on the same land could qualify for the deduction if they met statutory conditions, as clarified by a Bombay High Court judgment supporting the assessee&#039;s position.</description>
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      <pubDate>Thu, 31 Jul 2014 00:00:00 +0530</pubDate>
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